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Bernardo Bini Smaghi (CDP): the Italian Development Cooperation secures funding

Rome – For the first time since the convention between the Cassa depositi e prestiti (the Italian Development Cooperation – the CDPp), the Italian Ministry of Foreign Affairs and Development Cooperation (MAECI) and the Agenzia per la cooperazione allo sviluppo (Italian Development Aid Agency – AICS) was signed in July, Bernardo Bini Smaghi, Head of Business Development at the CDP, has decided to share his views. In this exclusive interview with Afronline.org, he discusses his ambitions for the prestigious Italian public-sector financial institution and the historic step which is set to bring the CDP into the world of Italian development aid and international cooperation.

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Op-ed: Private sector must help EU boost impact of development aid

In an op-ed written for Afronline, Roberto Ridolfi, director of Sustainable Growth and Development at the European Commission, encourages the private sector to team up with the EU to increase the impact of development grants and loans. Ridolfi outlines the benefits of this practice, called “blending,” which he will promote at the joint African Union-EU panel “Catalysing private sector engagement and resources for development: the EU and African perspectives” on July 15 at the UN’s third “Financing for Development” conference in Addis Ababa.

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Development aid: Blending, when beneficiaries become customers with needs and demands

Brussels – The use of blending instruments, although considered controversial by some, is increasing in European Development Cooperation. Director Investments of the Dutch NGO Cordaid, Laure Wessemius-Chibrac, sheds some light on the use of blending from a Civil Society perspective. “We see the blending of instruments as one of the future innovative financing modalities for sustainable development”, Wessemius-Chibrac says in this interview released to Afronline.org.

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EU Development Cooperation: Welcome to the blending era

Brussels – On the eve of the European Development ministers meeting in Florence as part of the Italian EU Presidency, Afronline.org publishes a dossier on a new EU development cooperation narrative that focuses on bringing the private sector to the centre of its development strategies. This silent revolution can be summarized in one word: blending.

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Roberto Ridolfi: “Let me explain development cooperation 2.0”

Brussels – Private equity, guarantees, risk capital… Ten years ago no one could have imagined financial jargon would make its way into development cooperation. Today these terms are a reality NGOs, social enterprises and cooperatives have to face. A revolution which Roberto Ridolfi – Sustainable Growth and Development Director at the Directorate General for Development and Cooperation at the European Commission – is bringing forward within EU institutions in an attempt to fight poverty with investments and allow Europe to lead the way in “cooperation 2.0”. Here’s why.

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Lapo Pistelli: “Blending is the future: time is ripe for an Italian Development Bank”

Italian Development Cooperation is back. This is the message from Italy’s Deputy Minister of Foreign Affairs launched on Afronline.org. A new cooperation with new actors, including the private sector.

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Project by VITA SOCIETÀ EDITORIALE S.P.A.
P.IVA 11273390150
ISCRIZIONE ROC N.3275
Direttore Responsabile afronline.org: Giuseppe Frangi
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